Deseret Evening News | 1906-10-25 | Page 7 | Knights of Pythias' New Insurance Laws

KNIGHTS OF PYTHIAS NEW INSURANCE LAWS Now Orleans Oct insurance laws affecting policyholders were today by the lodge Knights of The IM features of these laws IlIs arou An In the maximum policy front from 30 to toAn An In the tho a ago 11 limit at which members cart carl bo be In Insured front t f to 00 C years The creation or of 1 a now fifth class of at insurance This class involves a complete change front Crom the tho old fraternal congress to the Iho American talo with interest lit itt Hi per pOr cent There will ho bo nn an annual accounting nn an annual dividend policy returning to the members at the tho end of each year sU sll over nM and abOve the tho cost of carrying the risk anti expense ot of management AU All polIcieS under the no now system ho bo come corne Incontestable after atter three years Privilege II given policyholders In the fourth class elass to transfer Into Inlo the ne new OCth class clus taking the same amount without now medIcal examination Arthur J Stoddard ot of St Bt Paul wu was to ta tonight night reappointed or of the uniform rank for 1 it term ot of two years by bythe bythe the supreme chancellor The rho new reg permitting the uniform rank a voicu lii In nomInating the tho will not IrO go Into effect until itt at the Boo DOlI Booton ton 1011 convention two years Mr hence C F Fa S a Neal of Chicago m lA cw ot of New York anti Z H Hot Host ot of were reelected to th the board boord or at endowment rank